"This Liberal Will Be All About Socializing … Uhhh … Basically … Taking Over and the Government Running All of Your Companies"

Cite this Article
Joshua D. Wright, "This Liberal Will Be All About Socializing … Uhhh … Basically … Taking Over and the Government Running All of Your Companies", Truth on the Market (November 13, 2008), https://truthonthemarket.com/2008/11/13/this-liberal-will-be-all-about-socializing-uhhh-basically-taking-over-and-the-government-running-all-of-your-companies/

That is from Maxine Waters (HT: Luke Froeb). It is increasingly difficult these days to figure out whether socialization/ nationalization is a threat or a promise. The clip is priceless. You can see her two colleagues getting a kick out of Waters’ rant (which starts about the 1:10 mark) in response to the assertion from a Shell executive that failure by the government to allow expansion of supply will result in higher prices.